Ausdal Financial Partners Inc. boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 73,381 shares of the company’s stock after acquiring an additional 2,232 shares during the period. Ausdal Financial Partners Inc.’s holdings in Fidelity Total Bond ETF were worth $3,293,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $25,000. PNC Financial Services Group Inc. acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at $25,000. Lindbrook Capital LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter valued at $32,000. Rothschild Investment LLC acquired a new stake in Fidelity Total Bond ETF during the 4th quarter worth about $63,000. Finally, Glassman Wealth Services bought a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth about $70,000.
Fidelity Total Bond ETF Price Performance
Shares of NYSEARCA:FBND opened at $45.60 on Wednesday. The business’s 50-day moving average is $45.37 and its 200-day moving average is $45.65. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The company has a market capitalization of $18.21 billion, a price-to-earnings ratio of 9.03 and a beta of 0.26.
Fidelity Total Bond ETF Cuts Dividend
About Fidelity Total Bond ETF
The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.
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Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
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